World economy
President Trump and wife Melania test positive for Covi
02 Oct 2020
President Trump has joined a growing list of world leaders who have been infected with the virus, along with more than 10 million people globally
After UAE, Bahrain normalising ties with Israel
14 Sep 2020
Japan's PM Shinzo Abe resigns over failing health
31 Aug 2020
Abe, Japan’s longest-serving premier, said he won’t allow his illness to get in the way of decision making, and apologised to the Japanese people for failing to complete his term in office
Lack of human capital holding back Latin America’s growth: IMF report
24 Aug 2020
Investment alone will not ensure growth in incomes as human capital is an important factor in realising the benefits of investment, and this could explain lack of GDP growth in much of Latin America, according to a new report prepared by IMF staff
Israel, UAE sign historic peace deal
14 Aug 2020
Israel will suspend applying sovereignty to areas in the West Bank and also give Muslims greater access to the Al-Aqsa Mosque in the Old City of Jerusalem by allowing them to fly from Abu Dhabi to Tel Aviv, under the Trump-brokered peace deal
China reports $63 billion trade surplus in July
10 Aug 2020
Bytedance’s lip-syncing app TikTok claims $50 bn-plus valuation
03 Aug 2020
Recent reports suggest that TikTok’s current valuation has, in fact, fallen to around 50 billion against its earlier valuation of over $100 billion
UAE starts up operations at its first nuclear power plant
03 Aug 2020
When completed, the $20 billion Barakah Nuclear Energy Plant’s four APR1400 reactors, being built by Korea Electric Power Corporation, will generate 5,600 megawatts of power, supplying up to 25 per cent of the UAE’s electricity needs